Caterpillar 247B vs Morbark 700H: Which Is the Better Value?
The Caterpillar 247B averages $21,335 CAD at auction, compared to $10,511 for the Morbark 700H. That's a $10,824 difference. Based on 16 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Morbark 700H is the better value buy for most Canadian buyers, averaging $10,824 less than the 247B.
Caterpillar 247B
CTL$21,335 CAD avg
$12,447
Low
$36,176
High
10
Sales
Avg 3,652 hours · 2005–2007 model years
Full price guide →Morbark 700H
$10,511 CAD avg
$9,259
Low
$11,610
High
6
Sales
Avg 907 hours · 2017–2018 model years
Full price guide →What are the key differences between 247B and 700H?
- Price: The 700H is $10,824 cheaper on average (51% savings).
- Track Type: 247B is a compact track loader (CTL) while 700H is a wheeled skid steer (SSL). CTLs have better traction on soft ground; wheeled units are faster and cheaper to maintain.
- Usage: Used 247Bs average 3,652 hours while 700Hs average 907 hours.
Both Caterpillar and Morbark retain value well. See our depreciation guide for brand rankings.
Looking for a 247B or 700H? Check current listings with Deal Scores.
Which is the better value: 247B or 700H?
Choose the Caterpillar 247B if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Morbark 700H if:
- You want lower upfront cost ($10,824 savings)
- You prefer Morbark's dealer network and parts availability
How do 247B and 700H prices compare by year?
| Year | Caterpillar 247B | Morbark 700H |
|---|---|---|
| 2018 | — | $11,194 (2) |
| 2017 | — | $10,169 (4) |
| 2007 | $24,222 (4) | — |
| 2006 | $20,675 (4) | — |
| 2005 | $16,881 (2) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 247B and 700H prices compare by hours?
| Hours | Caterpillar 247B | Morbark 700H |
|---|---|---|
| 0-999 hrs | — | $10,406 (4) |
| 1,000-1,999 hrs | — | $10,721 (2) |
| 2,000-2,999 hrs | $24,225 (4) | — |
| 3,000-3,999 hrs | $28,444 (2) | — |
| 4,000+ hrs | $14,890 (4) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
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